Baltimore Ravens reportedly ready to cut Willis McGahee

The Baltimore Ravens are reportedly planning to release RB Willis McGahee, that's according to a report in The Baltimore Sun.

McGahee, who will turn 30 October, is due a $6 million salary in 2011. According to the paper, the move will likely happen after a new Collective Bargaining Agreement is reached.

McGahee rushed for a career low 380 yards and five touchdowns last season for the Ravens.

Baltimore Ravens place franchise tag on Haloti Ngata

The Baltimore Ravens became the latest team to place the franchise tag on one of their free agents, Pro Bowl defensive tackle Haloti Ngata.

The franchise tag designation will earn Ngata somewhere in the neighborhood of $12.5 million in 2011.

Ngata, who is 27, just finished his fifth season with the Ravens. He had 65 tackles and a career-high 5½ sacks this season and made the Pro Bowl for a second consecutive year.